Company registration in Benin

Name of service Bronze Silver Gold
Company name verification and reservation in Benin Registry of Companies Verifying the availability and reserving of your preferred company name in Benin Registry of Companies
Company registration in form of SA / SARL, including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Memorandum of Association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Certificate of Incorporation Provision of international standard certificate of incorporation for your company
Company tax registration, TIN Gathering, processing and filing the necessary paperwork for registration with Benin Tax authorithy - Direction Nationale des Impots et des Domaines
Company seal Production of the company seal
Assistance in opening a corporate account in local bank Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Residence permit for the Director in case he/she is a foreigner Assistance in getting a residence permit (required to establish a company)
Free Consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1900 USD 2900 USD 4900 USD
Provision of a legal address for 1 (one) year
1000 USD 1000 USD 1000 USD
Remote company registration with transfer of authority
300 USD 300 USD 300 USD
Accounting services
250 USD 250 USD 250 USD

Special offer

If you will register a company until December 31,
opening a bank account is for FREE

Send a request
6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The Republic of Benin is a small country in western Africa. The port of Cotonou promotes trade. In Porto Novo or any other city in Benin, establishing companies engaged in the cotton industry, energy, and construction is profitable. The country is actively developing telecommunications and agriculture, gradually raising the standard of living. Company registration in Benin is beneficial because the government actively attracts foreign investments: through various tax regimes and preferences.

Advantages of registering a company

  • availability of economic incentives;
  • strategic geographic location in West Africa;
  • economic and political stability;
  • favorable business climate;
  • availability of special economic zones.

Main forms of legal presence and doing business

  • individual entrepreneur (Statut de l'Entreprenant - SE);
  • Limited Liability Company (Société A Responsabilité Limitée - SARL);
  • joint stock company (Societe Anonyme - SA);
  • joint venture (Société de Projet - SP);
  • general partnership (Société en Nom Collectif - SNC);
  • civil companies (Sociétés Civiles - SC).

Most foreign investors prefer to open a company in Benin as a SARL.

Registration procedure

  • open a bank account and deposit the share capital in it;
  • register the company in Benin with the Agence de Promotion des Investissements et des Exportations (APIEX);
  • obtain a unique tax number (IFU);
  • obtain additional licenses and permits to conduct business.

Legislation and regulatory environment

The primary source of law is local law. However, the country is also a member of the West African Economic and Monetary Union (UEMOA) and the Organization for Harmonization of Corporate Law in Africa (OHADA). The Investment Code is one of the essential documents for foreign entrepreneurs. The Civil Code and Commercial Code regulate the activities of firms.

Tax system

  • corporate tax - 30%;
  • personal income tax - from 0% to 30% in proportion to the amount of income;
  • VAT - 18%;
  • capital gains tax - 5%;
  • tax on dividends - 0%, 5%, or 10%, depending on the category of the payer and the recipient.

Open a business in Benin: how Prifinance lawyers can assist

Benin is a promising and safe destination for investment. The Republic continues developing commercial infrastructure and is a re-exporting country, sending goods to neighboring landlocked countries. Prifinance lawyers will support you to open a company in Benin, handling the paperwork and administrative formalities. In addition, we provide annual company and accounting services.

Cooperation

Our clients

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
Юрий ВалерьевичЮрий Валерьевич
07:50 21 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Анастасия ОдокиенкоАнастасия Одокиенко
11:09 26 Jan 24
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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